Michael Zakuta - Plaza Retail CEO President

PLZ-UN Stock  CAD 3.57  0.05  1.42%   

CEO

Michael Zakuta is CEO President of Plaza Retail REIT
Age 64
Address 98 Main Street, Fredericton, NB, Canada, E3A 9N6
Phone506 451 1826
Webhttps://www.plaza.ca

Plaza Retail Management Efficiency

The company has return on total asset (ROA) of 0.034 % which means that it generated a profit of $0.034 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.024 %, meaning that it generated $0.024 on every $100 dollars invested by stockholders. Plaza Retail's management efficiency ratios could be used to measure how well Plaza Retail manages its routine affairs as well as how well it operates its assets and liabilities. At present, Plaza Retail's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.02, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Plaza Retail's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.72, whereas Total Assets are forecasted to decline to about 678.3 M.
Plaza Retail REIT has accumulated 672.47 M in total debt with debt to equity ratio (D/E) of 1.61, which is about average as compared to similar companies. Plaza Retail REIT has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Plaza Retail until it has trouble settling it off, either with new capital or with free cash flow. So, Plaza Retail's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Plaza Retail REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Plaza to invest in growth at high rates of return. When we think about Plaza Retail's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 3 records

CEO Age

Michel LeonardBTB Real Estate
67
Kevin SalsbergCT Real Estate
43
Milton LambAutomotive Properties Real
55
Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plazas portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants. PLAZA RETAIL operates under REITRetail classification in Canada and is traded on Toronto Stock Exchange. Plaza Retail REIT (PLZ-UN) is traded on Toronto Exchange in Canada and employs 12 people. Plaza Retail is listed under Retail REITs category by Fama And French industry classification.

Management Performance

Plaza Retail REIT Leadership Team

Elected by the shareholders, the Plaza Retail's board of directors comprises two types of representatives: Plaza Retail inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Plaza. The board's role is to monitor Plaza Retail's management team and ensure that shareholders' interests are well served. Plaza Retail's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Plaza Retail's outside directors are responsible for providing unbiased perspectives on the board's policies.
LLB BA, General Secretary
Michael Zakuta, CEO President
Christine Levreault, Controller
Stephen Penney, Executive President
Bill Bilkas, Head Development
Patricia Elias, VicePresident Accounting
Patricia Borrelli, VicePres Legal
Kim Sharpe, Director Devel
Mathieu Bordeleau, Executive QuebecOntario
Peter Mackenzie, Executive Officer
CGA CPA, Chief Officer
Myles Martin, Senior President

Plaza Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Plaza Retail a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Plaza Retail

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Plaza Retail position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Plaza Retail will appreciate offsetting losses from the drop in the long position's value.

Moving against Plaza Stock

  0.83XX Avante LogixxPairCorr
  0.83HUT Hut 8 MiningPairCorr
  0.81OM Osisko MetalsPairCorr
  0.79FFH-PF Fairfax FinancialPairCorr
  0.76PVF-UN Partners Value InvesPairCorr
The ability to find closely correlated positions to Plaza Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plaza Retail when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Plaza Retail - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Plaza Retail REIT to buy it.
The correlation of Plaza Retail is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Plaza Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plaza Retail REIT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Plaza Retail can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Plaza Stock

Plaza Retail financial ratios help investors to determine whether Plaza Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Plaza with respect to the benefits of owning Plaza Retail security.